1995
An effective accounting system should provide information
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1995 JAMB UTME Accounts Past Questions
1995
Which of the following concept stipulates that accounting profit is the difference between revenue and expenses?
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1995
which of the following factors has aided the development of accounting?
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1995
The trial balance showed wages, ₦2 500 and a note stated that ₦500 wages, were due but unpaid when preparing final accounts and loss account with
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1995
The following is a draft balance sheet as at 31/12/92: Cost (N)Accumulated Depreciation (N)Net (N)Fixed Assets (Tan.)200 000100 000100 000Current Assets: Stock in trade 10 000 Trade debtors 4 500 Cash at bank 22 800 Ca…
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1995
Trade creditors account was maintained at 25% of the capital.What was the balance in the trade creditors account as at 31/12/92?
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1995
THE BOOK VALUE OF THE ASSET AS AT 31/12/86 WAS
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1995
MACHINERYHistorical cost₦6 000 000.00Estimated useful life20 yearsResidual value₦25 000.00Date of acquisition1/1/71Depreciation methodStraight lineAccumulated depreciation on the asset as at 31/12/81 was
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1995
A charitable club has the following figures:N Subscriptions received in 1991 2 800 Subscriptions unpaid in 1990 300 Subscriptions paid for 1992 150 Subscriptions due 1991 180How much should be charged to the income a…
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1995
If a 10% dividend is approved, what is the dividend payable to ordinary shareholders?
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1995
Equity shareholders' fund is
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